You put your product on 20% off sale market A but leave it unchanged in market B. Sales in A increase from 840 to 1040 units per week while sales in B rise from 770 to 830 . The Difference-in-difference estimate of the effect of the price change is:

a. 80 units
b. 100 units
c. 120 units
d. 130 units

Economics

In economics we assume that the goal of a firm is to

A) minimize costs. B) maximize revenue. C) maximize economic profits. D) maximize total sales.

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Economics

In 2011, the average income for households in the United States was about:

A. $69,821. B. $42,820. C. $56,610. D. $64,842.

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Economics